The U.S. Department of the Treasury and the Internal Revenue Service today announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an Economic Impact Payment.Read more ...

Treasury Secretary Steven Mnuchin Wednesday announced that Social Security recipients would not have to file tax returns in order to receive coronavirus stimulus payments.
The reversal comes after complaints from lawmakers that an IRS plan to require seniors to file simplified returns would place an undue burden on them amid widespread shutdowns and social distancing guidelines implemented in the wake of the coronavirus outbreak.
In a statement, Mnuchin said: “Social Security recipients who are not typically required to file a tax return need to take no action, and will receive their...Read more ...

U.S. Social Security recipients will not have to file an abbreviated tax return to receive a payment from the federal government to help offset the economic impact of the coronavirus pandemic, the U.S. Treasury Department said on Wednesday.Read more ...